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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (25198)10/12/1998 11:35:00 AM
From: hdr  Respond to of 70976
 
AMAT +4 and large volume is acting like the train is pulling away from the station. They maybe just pulling forward enough to get off to a sidetrack.

hdr



To: KM who wrote (25198)10/12/1998 11:39:00 AM
From: 16yearcycle  Read Replies (1) | Respond to of 70976
 
"Going to short here for a trade."

You could be right, but this is a powerful move. Bought a ton at the open. Nvls e .22 on a trough q. Incredible. This means that it is capable of e .88 at the bottom, and it was at 21 ish. That was what all I needed to know. Had loaded up on nvls on Thursday, also, as I posted.

This was not a trade for me unless we run to the low 30's in a few days. Then I might get out



To: KM who wrote (25198)10/12/1998 12:03:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
Short squeezes occur on stocks with smll floats/shares outstanding. AMAT has very few shares outsanding as a % of total shares....what you are witnessing is accumulation by the same institutions who sold last week.

BK


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